Source Pravda.Ru

Avanex Corp. announces second-quarter outlook decrease, files complaint against 3S

Avanex Corp. announced decrease of its second-quarter outlook because of premature termination of an exclusive distribution agreement by France 's 3S Photonics.

The company said that it had filed an arbitration complaint against 3S Photonics

Now Avanex predicts revenue of $51 million to $53 million – about 5 millions dollars lower then earlier.

Avanex supplies components that increase the speed and capacity of fiber-optic communications networks.

The majority of experts in the field of armaments admit that made-in-Russia weapons can be referred to as best weapons in the world. To substantiate this point, suffice it to recall that many countries make their own ripoffs of world-famous Russian weapons.

Three types of weapons that were stolen from Russia

The majority of experts in the field of armaments admit that made-in-Russia weapons can be referred to as best weapons in the world. To substantiate this point, suffice it to recall that many countries make their own ripoffs of world-famous Russian weapons.

Three types of weapons that were stolen from Russia